PIFMF (PT Indofood Sukses Makmur Tbk) Cyclically Adjusted PB Ratio: (As of Aug. 05, 2026)

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Director of Data and Quant Analytics at GuruFocus
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PIFMF PT Indofood Sukses Makmur Tbk PIFMF
69 GF Score
Price $0.41
GF Value $0.59
Valuation Significantly Undervalued
! 2 Warning Signs
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What is PT Indofood Sukses Makmur Tbk Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Indofood Sukses Makmur Tbk  (OTCPK:PIFMF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


PT Indofood Sukses Makmur Tbk Cyclically Adjusted PB Ratio Related Terms


PT Indofood Sukses Makmur Tbk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PT Indofood Sukses Makmur Tbk's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT Indofood Sukses Makmur Tbk Cyclically Adjusted PB Ratio Chart

PT Indofood Sukses Makmur Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 1.51 1.33 1.46 1.16

PT Indofood Sukses Makmur Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.47 1.28 1.16 1.06 0.00

PIFMF vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, PT Indofood Sukses Makmur Tbk's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT Indofood Sukses Makmur Tbk Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Indofood Sukses Makmur Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Indofood Sukses Makmur Tbk's Cyclically Adjusted PB Ratio falls into.


PIFMF
69GF Score
PT Indofood Sukses Makmur Tbk PIFMF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indofood Sukses Makmur Tbk Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

PT Indofood Sukses Makmur Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PT Indofood Sukses Makmur Tbk's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.487/137.6954*137.6954
=0.487

Current CPI (Jun. 2026) = 137.6954.

PT Indofood Sukses Makmur Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.249 104.142 0.329
201612 0.247 105.222 0.323
201703 0.259 106.476 0.335
201706 0.254 107.722 0.325
201709 0.264 108.020 0.337
201712 0.263 109.017 0.332
201803 0.268 110.097 0.335
201806 0.255 111.085 0.316
201809 0.248 111.135 0.307
201812 0.264 112.430 0.323
201903 0.282 112.829 0.344
201906 0.279 114.730 0.335
201909 0.293 114.905 0.351
201912 0.307 115.486 0.366
202003 0.297 116.252 0.352
202006 0.326 116.630 0.385
202009 0.304 116.397 0.360
202012 0.341 117.318 0.400
202103 0.352 117.840 0.411
202106 0.364 118.184 0.424
202109 0.362 118.262 0.421
202112 0.386 119.516 0.445
202203 0.411 120.948 0.468
202206 0.401 123.322 0.448
202209 0.393 125.298 0.432
202212 0.393 126.098 0.429
202303 0.424 126.953 0.460
202306 0.432 127.663 0.466
202309 0.433 128.151 0.465
202312 0.435 129.395 0.463
202403 0.449 130.607 0.473
202406 0.425 130.792 0.447
202409 0.483 130.361 0.510
202412 0.462 131.432 0.484
202503 0.468 131.948 0.488
202506 0.474 133.241 0.490
202509 0.485 133.819 0.499
202512 0.499 135.271 0.508
202603 0.520 136.539 0.524
202606 0.487 137.695 0.487

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is PT Indofood Sukses Makmur Tbk (PIFMF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indofood Sukses Makmur Tbk stock appears to be undervalued. The current stock price of $0.41 is trading 30.3% below its estimated GF Value™ of $0.59. GuruFocus considers PT Indofood Sukses Makmur Tbk to be Significantly Undervalued.

Key valuation signals for PIFMF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $0.59 vs. price of $0.41 (30.3% below fair value)
  • GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the PIFMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Indofood Sukses Makmur Tbk Business Description

Address Jalan Jend. Sudirman Kav 76-78, Sudirman Plaza, Indofood Tower, 27th Floor, Jakarta, IDN, 12910
PT Indofood Sukses Makmur Tbk is a packaged food company with a diversified portfolio in both raw materials and processed food. It divides operations into the Consumer Branded Products Business Group, Bogasari Business Group, Agribusiness Group, and Distribution Business Group. The Consumer Branded Products Business Group, which generates maximum revenue, produces a varied range of consumer-branded products such as noodles, dairy, snack foods, special foods, food seasonings, and beverages. The Bogasari unit mainly produces wheat flour as well as pasta; and the Agribusiness unit is involved in seed breeding, oil palm cultivation and milling, and the production and marketing of branded cooking oils, margarine, and shortening. Geographically, the Group generates key revenue from Indonesia.
69GF Score

Get the complete analysis for PIFMF

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.41
Price
$0.59
GF Value